Shady Cove renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Shady Cove is about $1,155 per month. This puts it in the 71st percentile compared to the state average cost of rent, which is $1,284. Households in Shady Cove have a median income of $4,248 per month so the average renter in Shady Cove is spending roughly 27% of their earnings on housing.
Nationally, and in Shady Cove, home values are the data point most closely correlated with the cost of rent. The median price of a home in Shady Cove is $249,218 right now, which is lower than nearby cities, meaning that rents in Shady Cove also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Shady Cove while lower rent rates are often available in northeastern areas.
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